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Chinese stocks had the worst year in a decade

Chinese stocks end the last trading day of this year in the gaining territory, but still down sharply for the whole year, making it one of the worst year for the market.

The Shanghai Composite Index gained 0.4 per cent to close at 2493 on Friday, making it near 25 per cent lower than a year earlier, the biggest one-year drop since 2008.

The Shenzhen Component index edged up 0.3 per cent to close at 7239 on the day, bringing its yearly loss to 34 per cent. The Chinext index which tracks medium- and small-sized stocks . . .

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